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§ 3501.005 — Texas Law | CourtGPT
  1. Home/
  2. Laws/
  3. Texas/
  4. Special District Local Laws Code/
  5. Title 4 - Development and Improvement/
  6. Subtitle B - Defense Base Development/
  7. Chapter 3501 - Lubbock Reese Redevelopment Authoritysub/
  8. Subchapter A - General Provisions/
  9. § 3501.005
Texas Legal Code
(a) In this section, 'qualifying project' means any real estate project involving the construction of:(1) a tenant finish-out or build-to-suit facility for a tenant who, through the execution of a lease with the authority, pays for or reimburses the authority for the cost of the improvements;(2) infrastructure improvements including roads, driveways, or utility extensions made in connection with the sale or lease of property owned by the authority and for which the proceeds of the sale or the lease are used to reimburse the authority for the infrastructure improvements; or(3) an income-producing facility that generates revenue for the authority and is constructed by a private developer with special expertise in development.(b) Chapters 2267 and 2269, Government Code, do not apply to a qualifying project of the authority. Added by Acts 2021, 87th Leg., R.S., Ch. 288 (H.B. 4579), Sec. 4, eff. September 1, 2021.

§ 3501.005

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